Additional quota of 2 lakh MT for import of Rough Marble - Trade Notice

By Vijay Kumar

IN terms of Notification No. 11 dated 21/6/2016 (mentioned above), revalidation of import authorisations issued under Trade Notice No. 12 dated 8/1/2015 has been allowed with 25% increase in import quantity of Rough Marble & Travertine Blocks.

DGFT has issued a list of 472 import authorisation holders and the quantity to be increased in respect of each of authorisation holder.

In case, any authorisation holder is found to have submitted false or erroneous information or has made any mis-declaration/misrepresentation, such applicant/firm,

(a) shall forfeit the allocation made in this Trade Notice,

(b) shall be debarred from allocation of Rough Marble and Travertine Blocks in future and

(c) shall be liable for penal action under the provisions of Foreign Trade (D&R) Act, 1992, as amended.

DGFT Trade Notice No. 09/2016., Dated: June 21, 2016